Inventories Up 0.7%, in December, Sales up 1.2%
Washington, DC, February 14, 2006--Business inventories tightened in December as the 1.2% increase in sales outpaced inventory gains of 0.7%, the Commerce Department said Tuesday.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Kronopol Opens South Carolina Facility
Toronto, Ontario, February 14, 2006--Kronopol Marketing, the North American division of Kronopol, has opened a second facility in Greenville, SC, for the distribution of its flooring products.
Online Help-Wanted Ads Rebound
New York, NY, February 14, 2006--Online job ads rebounded sharply in January to 2,162,000 new unduplicated online job ads posted for the calendar month, according to The Conference Board Help-Wanted OnLine Data Series.
CRI Seal of Approval Program Taking Off
Dalton, GA, February 13, 2006--Ten new extractors have earned the Carpet & Rug Institute’s Seal of Approval certification, having passed stringent tests.
Armstrong Launches VapArrest’s Moisture Retardant
Lancaster, PA, February 13, 2006--Armstrong Flooring announces the launch of VapArrest Professional Moisture Retardant System.
U.S. Xpress Reaches Agreement to Increase Equity
Chattanooga, TN, February 13, 2006--U.S. Xpress Enterprises, Inc., announced today it has reached agreements in principle to increase its ownership interest in both Arnold Transportation Services Inc., and Total Transportation of Mississippi.
ServiceMaster 4Q Earnings Off
Downers Grove, February 13, 2006--ServiceMaster Co., said its quarterly earnings fell sharply from a year earlier, when a tax settlement boosted results.
Weyerhaeuser Completes Acquisition of Maracay Home
Federal Way, WA, February 13, 2006--Weyerhaeuser Real Estate Company, a subsidiary of Weyerhaeuser Company, today announced that it has completed the acquisition of Maracay Homes LLC.
Garland Floor Announces Sale, New Officers
Cleveland, OH, February 13, 2006--Garland Floor Company today announced the sale of the firm to ICS Building Technologies Corp., a construction chemicals firm with operations in Japan, Asia Pacific and North America.
China Trade Bill to Promote Reform
Washington, DC, February 13, 2006--Senators Lindsey Grahm (R,SC) and Byron Dorgan (D,ND) introduced a bill Thursday that would revoke the trade status that makes China eligible for low tariff rates on U.S. imports.